FirstGroup plc Receives New Coverage from Analysts at Beaufort Securities (FGP)
Analysts at Beaufort Securities initiated coverage on shares of FirstGroup plc (LON:FGP) in a research report issued to clients and investors on Friday, American Banking News reports. The firm set a “buy” rating on the stock.
Shares of FirstGroup plc (LON:FGP) traded up 0.81% during mid-day trading on Friday, hitting GBX 124.70. The stock had a trading volume of 2,841,343 shares. FirstGroup plc has a 52 week low of GBX 90.30 and a 52 week high of GBX 189.945. The stock has a 50-day moving average of GBX 115.5 and a 200-day moving average of GBX 147.3. The company’s market cap is £600.8 million.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of FirstGroup plc (LON:FGP) from GBX 145 ($2.34) to GBX 150 ($2.42) in a research note to investors on Friday. They now have an “overweight” rating on the stock. Separately, analysts at Panmure Gordon reiterated a “hold” rating on shares of FirstGroup plc (LON:FGP) in a research note to investors on Thursday. They now have a GBX 105 ($1.69) price target on the stock. Finally, analysts at Investec reiterated an “add” rating on shares of FirstGroup plc (LON:FGP) in a research note to investors on Thursday. Eleven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 150.57 ($2.43).
FirstGroup plc is a transport operator in the United Kingdom and North America. The Company has five operating divisions: First Student, First Transit, UK Bus, UK Rail and Greyhound.
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